TCS COLLECTION ON FOREIGN EDUCATION STUDIES REMITTANCE

MEENA VIVEK (253 Points)

30 January 2023  
I AM AN INDIVIDUAL.I HAVE REMITTED FOREIGN EDUCATION REMITTANCE THROUGH HDFC BANK LTD FOR MY SON OVERSEAS (SINGAPORE)STUDIES FEES.I HAVE PAID Rs.456657/ON 28-09-2022.THEY HAVE NO DEDUCTIONS IN MY PAYMENT MADE BEFORE.BUT NOW I REMITTED Rs.404797/ON 27-01-2023 NOW THEY COLLECTED @ 5% TCS UNDER SECTION 206C(1G)ON THE SAID AMOUNT IS Rs.20240/.MY QUERY IS MAY I DEDUCT THIS AMOUNT IN MY ADVANCE TAX PAYMENT IN MARCH 2023.